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#OilGlut
Philip Pilkington 1w

The author wrote that Saudi-backed forces in Yemen were crumbling, describing the situation as another layer of what they called “OIL GLUT 2.0.” They said conditions in the Middle East were worsening and criticised the United States for relying on influencers. #Yemen #MiddleEast #OilGlut #YE #SA

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Philip Pilkington 2w

OIL GLUT 2.0 has just provoked fresh missile salvos launched at ships. This nonsense does not just further wreck the economy, it costs lives. The people who purposely should be ashamed tbh. 🛢️ #OILGLUT #Economy #MissileSalvos #Nospecificcountrycodescanbeidentifiedinthetweetprovided.

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Philip Pilkington 2w

The cause of the yield expansion is that oil from the OIL GLUT 2.0 is flowing all over the markets. It is literally pouring INTO bond yields and causing them to RISE! UNPRECEDENTED! https://t.co/OQLLSWOwVw #OilGlut #BondYields #MarketTrends #Nospecificcountriesarementionedinthetweet.

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Philip Pilkington Jul 7

“Oil glut” narrative transforming into “I hope China bails out the global oil market” narrative like… https://t.co/GY92nXF7DN #OilMarket #ChinaEconomy #OilGlut #CN

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